1303 Laurel Way, Miramar Beach, FL 32550

$1,275,000
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BEDS3 BATHS3 full 1 partial SQUARE FEET2,628 MLS#993985
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONLAUREL GROVE

Property Description

HUGE PRICE IMPROVEMENT! Reduced by $100,000.00!Positioned on a premium lot within Sandestin Golf and Beach Resort, this extensively updated home at 1303 Laurel Grove, Miramar Beach, Florida presents a compelling investment opportunity with strong rental potential. Major capital improvements?including a new roof (2024), exterior paint (2024), brick paver driveway (2023), and updated HVAC?help minimize near-term ownership costs. An attached garage, along with walkable access to the pool pavilion and community amenities, further enhances desirability and rental appeal.The flexible floor plan maximizes occupancy and income potential, offering primary suites on both floors, an oversized additional bedroom, and a recently added bonus room upstairs. While the current owners did not rent the property, projected annual rental income is estimated between $80,000 and $105,000, making this home an excellent option for a high-performing vacation rental, second home, or long-term investment.Interior features include fresh paint, hardwood flooring throughout the main living areas and stairway, a spacious kitchen with a large island and ample storage, and an inviting living area highlighted by a fireplace and custom built-ins. Outdoor living is enhanced by a screened porch overlooking lush surroundings. Located inside the gates of Sandestin Golf and Beach Resort, owners and guests enjoy access to world-class amenities including championship golf courses, a marina, beaches, walking and biking trails, and dining driving consistent demand for both short- and long-term rentals.

1303 Laurel Way | MLS# 993985

This single family home located at 1303 Laurel Way, Miramar Beach, FL 32550 is currently listed for sale with an asking price of $1,275,000. This property was built in 2003 and has 3 bedrooms and 3 full and 1 partial baths with 2628 sq. ft. Laurel Way is located in the LAUREL GROVE subdivision. Search LAUREL GROVE real estate on emilyhoytcarter.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fans, Central Air
Garage: 1 car attached
Home Style: Beach House
Lot Size: 0.07 Acres
Stories: 2.0
Year Built: 2003

Feature Descriptions

Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
Association Fee Includes: Ground Keeping, Management, Master Association, Security, Cable TV, Trash
Community Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Beach, Dock, Dumpster, Exercise Room, Fishing, Game Room, Gated Community, Golf, Marina, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront, Whirlpool
Days on Site: 80
Exterior: Columns, Sprinkler System
Exterior: Siding CmntFbrHrdBrd, Siding Wood
Financing Terms: Conventional
Flooring: Floor Hardwood, Floor Tile, Floor WW Carpet
HOA: Yes
Interior: Built-In Bookcases, Ceiling Crwn Molding, Fireplace, Kitchen Island, Newly Painted, Owners Closet, Pantry, Wallpaper, Washer/Dryer Hookup
Lot: Covenants, Cul-De-Sac, Restrictions, Within 1/2 Mile to Water
Lot Dimensions: 42.15 X 73.50
Parcel Number: 26-2S-21-42810-000-1303
Parking: Oversized, Other
Patio/Porch: Porch Open, Porch Screened
Pool Features: Pool Type
Property Condition: Construction Complete
Road Frontage: Private Road
Rooms Total: 8
Sewer: Public Sewer
Special View Info: Lake
Sub Type: Detached Single Family
Utilities: Electric, Public Water, TV Cable
Window: Window Treatment All, Double Pane Windows

Room Sizes

Primary Bedroom: 14.1 X 14.9 Level - First
Living Room: 16 X 15.7 Level - First
Dining Area: 10.3 X 15.7 Level - First
Kitchen: 12 X 13.4 Level - First
Foyer: 14.9 X 7 Level - First
Primary Bedroom: 18.9 X 19.6 Level - Second
Bedroom: 19.2 X 19.6 Level - Second
Bonus Room: 22.9 X 8.11 Level - Second

Local Schools

High School: South Walton
Middle School: Emerald Coast
Elementary School: Van R Butler

Listed By / Shown By

Listed By

Agency Name: Newman Dailey Resort Properties

Shown By

Agent Name: Emily Hoyt Carter
Agent Phone: (513) 265-4867
Agency Title: Premier Property Group

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Estimated Payment

$ 3,209.47 per month $2,837.60 Principal & Interest $0.00 Property Tax (data not provided by mls) $371.88 Homeowner's Insurance

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